Street Life Ministries

Analysis

Street Life Ministries is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Street Life Ministries reported income of $744k and spending of $953k, spending 128% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income grew from $305k to $744k (+144%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 71% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Street Life Ministries sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include First Baptist Church Foundation ($744k), J-Life Africa USA ($744k) and Theology of the Body Evangelization Team ($743k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $131k (14% of expenses). Other salaries and wages came to $306k. At year end it held assets of $3.0m against liabilities of $1.1m, net assets of $1.9m. It reported 4 employees.